Extension of AGM deadline granted for companies unable to meet due to pandemic, no Form GNL-1 application required. Extension of time to hold Annual General Meetings for the financial year ended 31.03.2020 is granted by the Registrar under the proviso to section 96(1) of the Companies Act, permitting an additional three months from the due date for companies unable to hold their AGM. The extension dispenses with the requirement to file Form GNL-1 and deems pending or rejected Form GNL-1 applications for that financial year approved for extension up to three months without further action by the company.
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Provisions expressly mentioned in the judgment/order text.
Extension of AGM deadline granted for companies unable to meet due to pandemic, no Form GNL-1 application required.
Extension of time to hold Annual General Meetings for the financial year ended 31.03.2020 is granted by the Registrar under the proviso to section 96(1) of the Companies Act, permitting an additional three months from the due date for companies unable to hold their AGM. The extension dispenses with the requirement to file Form GNL-1 and deems pending or rejected Form GNL-1 applications for that financial year approved for extension up to three months without further action by the company.
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